Hospital CEOs manage staff time, inventory to cut costs

Each of the nation's 5,700 hospitals must cut $2.6 million a year on average in costs in the next 10 years to meet the demands of President Obama's proposed healthcare reform, a daunting task when half of those hospitals lose money. Criticism came from almost every corner leading up to Obama's speech before Congress, yet many hospital CEOs say that the hospitals they run are rife with inefficiency and that they are optimistic that the $155 billion in savings is doable with the help of business disciplines.

Support is building among some Massachusetts hospitals for temporary government limits on healthcare prices, a remarkable development in an industry that has long favored letting the marketplace determine...

On Friday, the Detroit Medical Center should be part of the Vanguard Health Systems, capping months of work and a $1.5 billion deal that will bring new investment to the DMC's eight hospitals. Under the...

Three times a month, Ted Shaw leaves his cramped office at Jackson Health System in Miami, gets on a plane and seven hours later arrives at his Texas home, where his main weekend activity is likely to be...